Rusk & Company is glad to provide this important notice concerning the requirement to use electronic payment systems for most payments to the IRS. Download and read the notice, HERE.
Tax news
How the Cost of Your Medicare Premium is Determined
Please enjoy this white paper by Michael Rusk, CPA: Click HERE to download and view the helpful document.
Understanding tax-related provisions in the One Big Beautiful Bill Act
We’ve put together a concise breakdown of the tax-related provisions in the One Big Beautiful Bill Act (often nicknamed the “Big Beautiful Bill”), signed into law on July 4, 2025. These measures include both permanent reforms and temporary reliefs set … Read More
9 Things that SECURE 2.0 Changes
The legislation enacted in the SECURE Act 2.0 provides a slate of changes that could help strengthen the retirement system—and Americans’ financial readiness for retirement. Read our analysis of the 9 things that SECURE 2.0 changes, HERE.
BUSINESS OWNERS: WHO IS AN EMPLOYEE VS. WHO IS AN INDEPENDENT CONTRACTOR?
The question of whether a worker is an independent contractor or employee for federal income and employment tax purposes is a complex one. It is based on individual facts and circumstances, and the stakes can be very high. To learn much … Read More
Filing Requirements for Forms 1099, 1098, and Other Reporting Situations
We have entered January 2023 and want to provide you with some reminders regarding Form 1099 filing requirements for 2022. You can download and view the 3-page advisory HERE.
2022 Year-End Income Tax Planning for Individuals
With the year-end approaching, this is the time of year we suggest possible year-end tax strategies for our clients. You may download this 4-page guide HERE.
Regulators Clear Way for Certain Loan Modifications Amid Coronavirus Pandemic
Borrowers concerned about meeting loan obligations amid the Coronavirus pandemic may receive some relief from regulators who pledged to clear the way for critical loan modifications. The regulators from the FDIC, National Credit Union Administration, and Consumer Financial Protection Bureau … Read More